Global Silicon Dioxide Market 2024

Silicon Dioxide Market Size

In 2022, the global silicon dioxide market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the global market remained at a somewhat lower figure.

Silicon Dioxide Production

In value terms, silicon dioxide production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, global production growth remained at a somewhat lower figure.

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Silicon Dioxide Exports

Exports

In 2022, the amount of silicon dioxide exported worldwide declined modestly to X tons, with a decrease of X% against the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, silicon dioxide exports expanded sharply to $X in 2022. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

China was the largest exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Germany (X tons), France (X tons), the United States (X tons) and Norway (X tons), together making up a X% share of total exports. The following exporters - Taiwan (Chinese) (X tons), India (X tons), Poland (X tons), Thailand (X tons), Belgium (X tons), Malaysia (X tons), the Netherlands (X tons) and Spain (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to silicon dioxide exports from China stood at X%. At the same time, India (X%), Malaysia (X%), Poland (X%), Belgium (X%) and Thailand (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Taiwan (Chinese) and the United States experienced a relatively flat trend pattern. By contrast, Germany (X%), Norway (X%), Spain (X%), the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. China (X p.p.), France (X p.p.), India (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the global exports, while Taiwan (Chinese), Spain, the Netherlands, the United States, Norway and Germany saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports. France, Belgium, Poland, Taiwan (Chinese), India, Thailand, Spain, Norway, the Netherlands and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average silicon dioxide export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other global leaders experienced more modest paces of growth.

Silicon Dioxide Imports

Imports

In 2022, purchases abroad of silicon dioxide increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, silicon dioxide imports skyrocketed to $X in 2022. In general, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The purchases of the twelve major importers of silicon dioxide, namely the United States, Japan, Germany, China, the Netherlands, India, South Korea, the United Arab Emirates, France, Poland, Indonesia and Mexico, represented more than half of total import. Thailand (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest silicon dioxide importing markets worldwide were the United States ($X), China ($X) and Germany ($X), together comprising X% of global imports. France, Japan, South Korea, Mexico, Poland, the Netherlands, Thailand, Indonesia, India and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average silicon dioxide import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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